Recent content by flipwilson

I like the idea of hedging my entry. If I could keep myself essentially flat with a wide stop on the underlying contract, this would give the market some time to move without exposing me to all the downside of the wide stop. Something like using options to hedge with an index collar? The more...

Thankyou. Will check out that book. To my naive mind it seems like my risk is of two flavours, theres technical risk of the kind we've talked about and then there's also 'entry risk' (dont know what else to call it) - I am in a far weaker position when a trade is first opened vs when it is...

Very helpful. Thanks to everyone! One question I have, you mention if I'm holding intraday then I need a large position size, can I not hold one smaller contract with a high margin (to guarantee I get stopped before I get a margin call)? Or is there something I'm missing? @beachlife thanks...

Hey Guys, Just wanting to get some feedback on something i've been mulling over. I'm interested in the possibilities of taking mid to long term positions using futures (specifically the mini dow jones) . One of my concerns though is surrounding stops, and wether to use a tight stop...